Increase in Income Tax: Arca Defined How Much to Pay From July 2025
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2 Articles
The Agency for Revenue and Customs Control (ARCA) applied an adjustment to the Income Tax that will begin to govern in July 2025, generating concern between taxpayers in relation to dependency and companies. This update, which is due to inflation rates in the first semester, redefines the amounts to be deducted. The increase arises as part of a semi-annual review established by the current regulations, with the aim of keeping the non-taxable min…
The six-monthly update of the Income Tax for workers in relation to dependency has already been officialized by ARCA. As of July 2025, personal deductions and progressive scales rise by 15.10%, in line with the inflation of the first semester. This measure impacts on monthly withholdings, the non-taxable minimum and annual settlement, benefiting especially those who did not have significant wage increases. Gains: new amounts of personal deductio…
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